RAFEVI TRANS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RAFEVI TRANS
Largest movements
- Receivables within one year +€21,757
up €21,757 (+159.6%), from €13,634 to €35,392
of which Other amounts receivable: +€22,622
- Cash +€9,366
up €9,366 (+1548.2%), from €605 to €9,971
mainly Net result for the year (+€28,085) and Other debts (+€19,645)
- Financial fixed assets +€5,000
up €5,000 (+3703.7%), from €135 to €5,135
- Other debts +€19,645
up €19,645 (+5533.2%), from €355 to €20,000
- Tax, wage and social debts +€13,742
up €13,742 (+423.2%), from €3,248 to €16,990
- Short-term financial debts -€3,163
down €3,163 (-100.0%), from €3,163 to €0
- Profit (loss) carried forward +€3,085
up €3,085 (+440.8%), from €700 to €3,785
- Trade debts +€2,425
up €2,425 (+65.7%), from €3,689 to €6,114
- Turnover +€72,587
up €72,587 (+73.2%), from €99,192 to €171,779
- Purchases and services +€38,455
up €38,455 (+39.5%), from €97,349 to €135,804
- Gross operating margin +€34,132
up €34,132 (+1851.5%), from €1,843 to €35,975
- Taxes +€6,926
up €6,926 (+4461.3%), from €155 to €7,081
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,154 | €50,888 | +€35,734 | +235.8% |
| Fixed assets | 21/28 | €915 | €5,525 | +€4,610 | +503.8% |
| Tangible fixed assets | 22/27 | €780 | €390 | -€390 | -50.0% |
| Plant, machinery and equipment | 23 | €780 | €390 | -€390 | -50.0% |
| Financial fixed assets | 28 | €135 | €5,135 | +€5,000 | +3703.7% |
| Current assets | 29/58 | €14,239 | €45,363 | +€31,124 | +218.6% |
| Amounts receivable within one year | 40/41 | €13,634 | €35,392 | +€21,757 | +159.6% |
| Trade receivables | 40 | €983 | €118 | -€865 | -88.0% |
| Other amounts receivable | 41 | €12,652 | €35,274 | +€22,622 | +178.8% |
| Cash at bank and in hand | 54/58 | €605 | €9,971 | +€9,366 | +1548.2% |
| Total equity and liabilities | 10/49 | €15,154 | €50,888 | +€35,734 | +235.8% |
| Equity | 10/15 | €4,700 | €7,785 | +€3,085 | +65.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €700 | €3,785 | +€3,085 | +440.8% |
| Amounts payable | 17/49 | €10,455 | €43,104 | +€32,649 | +312.3% |
| Amounts payable within one year | 42/48 | €10,455 | €43,104 | +€32,649 | +312.3% |
| Financial debts | 43 | €3,163 | €0 | -€3,163 | -100.0% |
| Credit institutions | 430/8 | €3,163 | €0 | -€3,163 | -100.0% |
| Trade debts | 44 | €3,689 | €6,114 | +€2,425 | +65.7% |
| Suppliers | 440/4 | €3,689 | €6,114 | +€2,425 | +65.7% |
| Taxes, remuneration and social security | 45 | €3,248 | €16,990 | +€13,742 | +423.2% |
| Taxes | 450/3 | €3,248 | €16,990 | +€13,742 | +423.2% |
| Other amounts payable | 47/48 | €355 | €20,000 | +€19,645 | +5533.2% |
| Turnover | 70 | €99,192 | €171,779 | +€72,587 | +73.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €97,349 | €135,804 | +€38,455 | +39.5% |
| Remuneration, social security and pensions | 62 | €115 | €0 | -€115 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €390 | €390 | = | 0.0% |
| Other operating charges | 640/8 | €386 | €241 | -€145 | -37.6% |
| Gross operating margin | 9900 | €1,843 | €35,975 | +€34,132 | +1851.5% |
| Operating profit (loss) | 9901 | €953 | €35,344 | +€34,391 | +3609.8% |
| Financial income | 75/76B | €652 | €1,433 | +€781 | +119.8% |
| Recurring financial income | 75 | €652 | €1,433 | +€781 | +119.8% |
| Financial charges | 65/66B | €1,214 | €1,610 | +€396 | +32.6% |
| Recurring financial charges | 65 | €1,214 | €1,610 | +€396 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €390 | €35,166 | +€34,776 | +8914.0% |
| Income taxes | 67/77 | €155 | €7,081 | +€6,926 | +4461.3% |
| Profit (loss) for the period | 9904 | €235 | €28,085 | +€27,850 | +11857.1% |
| Profit (loss) for the period to be appropriated | 9905 | €235 | €28,085 | +€27,850 | +11857.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.